Search
Mixed-Use Property with Front Lawn
For Sale
$350,000

5262 E ROOSEVELT BOULEVARD, Philadelphia, PA 19124

Renovated property combining residential space, commercial space, and a spacious lawn along East Roosevelt Boulevard.

Property Size1,770 SF
Price / SF$197.74
Days on Market13

Property Features for 5262 E ROOSEVELT BOULEVARD

General Information

Standard status Active
Size 1,770 SF
Property subtype Commercial

Building Details

Year Built 1925
Listing Agency: KW Empower
Listed By: Lewis Fana Vargas · License #RS356944
Source: Cummingsrealtors
Added: Jul 30 Changed: Aug 11 Last Checked: Aug 11 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower

Investment Insights

Based on property information with market context.

This 1,770-square-foot mixed-use property at 5262 E Roosevelt Boulevard includes both residential and commercial space within a building constructed in 1925. The residential portion has been updated, and the property has undergone renovation overall.

A spacious front lawn adds usable exterior area to the site. The commercial portion is described as adaptable for concepts such as a restaurant, café, banquet hall, office, or retail use, subject to applicable requirements. The property is located in Philadelphia, Pennsylvania, and carries a 1925 construction date.

Key Highlights

  • 1,770‑square‑foot mixed‑use property
  • Residential and commercial space in one property
  • Fully renovated property with updated residential space

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,410
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.69%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$608,200 $608.2K
Cap Rate 7%
$434,429 $434.4K
Cap Rate 9%
$337,889 $337.9K
Market Conditions
NOI Build-Up for 1,770 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.9K $29.88/SF
− Vacancy
−$4.2K −$2.39/SF
EGI
$48.7K $27.49/SF
− OpEx
−$18.2K −$10.31/SF
NOI
$30.4K $17.18/SF
Area
ZIP 19124
Vacancy
8.00%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$608,200
Cap Rate 7%
$434,429
Cap Rate 9%
$337,889

Alternative Uses

Best Use
Specialty Retail
$1.02M
$890.9K – $1.19M (±1% cap)
NOI $71,269 @ 7.0% cap · market cap 20.36%
Second Best
Retail
$950.2K
$831.5K – $1.11M (±1% cap)
NOI $66,517 @ 7.0% cap · market cap 19.00%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

910
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated property combining residential space, commercial space, and a spacious lawn along East Roosevelt Boulevard.
Where is this mixed-use property located?
The property is located at 5262 E ROOSEVELT BOULEVARD Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,770‑square‑foot mixed‑use property; Residential and commercial space in one property; Fully renovated property with updated residential space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message